← radarnow $3.5M·series over 15h 44m·event closed, lasted 6m
ESP — funding rate on Bybit
Bybit · ESPUSDT+0.005%per 4h · +0.001%/hshorts receive
last settlement-0.060%→upcoming payout+0.005%▼ cooling down
5:20:22settlement
0calmheat
Price (mark)
0.09069
+1.8% 24h
Vol 24h
$67.0M
Open interest
$3.1M
Price move in 2 min
—
avg 7d
-0.011%/h
avg 30d
-0.009%/h
Price and skew
Price and settlements
191 five-minute candles — a day around the event
updown▲ settlement and rate5 minutes · 24h
Imbalance dynamicsPRO · open for now
imbalance is holdingno new positions are piling in, but none are leaving either
OI, ESPpricesettlements · 4h
over the seriesover the last hourpositions+35.5%+1.3%price+2.7%-3.2%
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $0.13 · $0.03/hour
- Net snipe per settlement
- $-3.88 = 0.005% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.03×needs 0.160%+ per settlement
- Liquidation price
- 0.108375 (+19.50% from price)
- Risk at this leverage
- no volatility data
- Max “green” leverage
- —
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Settlement window · facts (1)
before cut-off · 5m · the snipe window (1)
avg-4.60%
max-4.60%
after · 5m
avg-4.28%
max-4.28%
before cut-off · 15m
avg-3.17%
max-3.17%
after · 15m
avg-3.84%
max-3.84%
Context and comparison
Funding history · 50 settlements
avg 7d -0.011%/havg 30d -0.009%/h
ESP on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance | -0.082% / 4h | -0.021%/h | longs | -0.078% |
| OKX | -0.069% / 4h | -0.017%/h | longs | -0.091% |
| Bitget | -0.050% / 8h | -0.006%/h | longs | -0.110% |
| Bybit ← you are here | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
Binance-0.021%/h
longsrate -0.082% / 4hsnipe -0.078%
OKX-0.017%/h
longsrate -0.069% / 4hsnipe -0.091%
Bitget-0.006%/h
longsrate -0.050% / 8hsnipe -0.110%
Bybit← you are here+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Max spread across exchanges: +0.022%/h
Rates across exchangesPRO · open for now
4 exchanges on one timeline
Bitgetevery 8hBybitevery 4hOKXevery 4hBinanceevery 4hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0036%/h
widest spread
0.131%/h
26.07 09:00 · Bybit ↔ Bitget
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter short before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a short here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.